Close X
Thursday, October 31, 2024
ADVT 
India

Punjab CM seeks incentives for industry on par with hill states

Darpan News Desk IANS, 23 Oct, 2024 01:31 PM
  • Punjab CM seeks incentives for industry on par with hill states

Chandigarh, Oct 23 (IANS) Presenting Punjab's industrial growth before a team of NITI Aayog, Chief Minister Bhagwant Mann on Wednesday sought incentives for industry of the state on a par with neighbouring hill states.

Addressing the gathering during the inaugural session of a workshop on MSME exports as drivers of growth for Punjab, the Chief Minister said that "it is the need of the hour to give subsidies and incentives to the industrialists of Punjab on a par with the hill states".

He said Punjab being a border state should be given the status of ease of business on lines of hilly states.

"This will help ensure comprehensive industrial development as the state has lagged in industrial growth due to incentives to hill areas," he said.

Describing MSMEs as the backbone of the state’s economy, the Chief Minister said the government and MSMEs would have to come together and work as a team for the exponential growth of the state. He invited the captains of industry to take advantage of the initiatives of the government of Punjab to become globally competitive and shine on the world's centre stage.

Mann said that Micro, Small and Medium Enterprises (MSMEs) play a crucial role in the growth of the economy contributing significantly to Gross Domestic Product (GDP), Gross Value Added (GVA), employment generation, and exports.

In his address, NITI Aayog Vice-Chairman, Suman Berry, said the state has a huge opportunity to excel in the MSME sector. He said the time has come when the relationship between the agrarian and industrial sectors is made productive in the state. He batted for an integrated strategy for these sectors for the holistic development of the state’s economy. He said Punjab is rapidly growing in the industrial sector but more can be done in this regard. He said faster, better and cleaner should be the three characteristics of development in the state during the coming times.

Mohali is a perfectly feasible location for the IT sector and professionals, he said, adding that he hoped that deliberations would be a huge success for the state.

MORE India ARTICLES

Shraddha murder: Accused Aaftab Poonawalla moves Delhi court for bail

Shraddha murder: Accused Aaftab Poonawalla moves Delhi court for bail
Delhi Police had submitted before the court that the investigation was in progress and requested for extension of his judicial custody. Poonawalla, who is accused of killing his live-in partner Walkar and then chopping her body into 35 pieces is currently lodged in the Tihar jail.

Shraddha murder: Accused Aaftab Poonawalla moves Delhi court for bail

Punjab Police solve rocket propelled grenade attack case

Punjab Police solve rocket propelled grenade attack case
Apart from the arrest of two juveniles in conflict with law, the remaining four module members arrested have been identified as Gurpreet Singh, alias Gopi Numberdar (18) of Naushera Pannua; Gurlal Singh, alias Gahla (19) of Chohla Sahib; Surlalpal Singh, alias Gurlal, (21); and Jobanpreet Singh, alias Joban (18) of Naushra Pannua.

Punjab Police solve rocket propelled grenade attack case

US Embassy starts 12-day visa programme; Indians fume

US Embassy starts 12-day visa programme; Indians fume
Among the H and L, the H-1B and L-1 are among the most popular non-immigrant work visas in the US. In October this year, the US Embassy in India released over 1,00,000 appointments for H and L visas for workers and their families to cut down the wait time. 

US Embassy starts 12-day visa programme; Indians fume

22 injured in fire at wedding venue in UP

22 injured in fire at wedding venue in UP
Eight persons who were critically injured people have been admitted to the Orai Medical College in Jalaun district, said police. According to reports, a gas stove lit up by a cook triggered the blaze, which spread to a nearby wooden structure. 

22 injured in fire at wedding venue in UP

Introduced 'healthy substitute' for illegally-brewed homemade liquor, Punjab govt to SC

Introduced 'healthy substitute' for illegally-brewed homemade liquor, Punjab govt to SC
The state government, in a counter-affidavit, said the Excise Department has been regularly carrying out massive enforcement drives against manufacture and use of illicit homemade liquor/spurious liquor.  The state government's response came after the Supreme Court expressed concern at increasing illicit liquor trade in the state. 

Introduced 'healthy substitute' for illegally-brewed homemade liquor, Punjab govt to SC

Nearly 1,30,000 pilgrims used Kartarpur Sahib Corridor to visit Gurdwara Darbar Sahib

Nearly 1,30,000 pilgrims used Kartarpur Sahib Corridor to visit Gurdwara Darbar Sahib
As a precautionary measure to contain and control the spread of Covid-19 pandemic, the Kartarpur Corridor was temporarily suspended from March 16, 2020. With the improvement in the Covid-19 situation, the corridor was reopened to pilgrims on November 17, 2021.

Nearly 1,30,000 pilgrims used Kartarpur Sahib Corridor to visit Gurdwara Darbar Sahib